MESSAGE FROM CEO TERESE CASU:
In my second year as CEO I was honoured to work with the dedicated new SGLMG Board and the extraordinary team of staff and volunteers making impactful change.
It is a privilege to be one of the caretakers of this extraordinary organisation. I strongly believe Mardi Gras has a great future and is as important now as it was 20 years ago. It is vital that our community has powerful platforms for protest and celebration, where we can come together to pay tribute to our diverse community, showcase our creativity and voice refreshing alternative views. It might be the smallest of voices that make the biggest impact.
Ahead of the AGM on 27 October, we are pleased to provide you with a copy of our 2018 Annual Report. See it below, or download it as a PDF here.
For the financial year ended 30 June 2018, the organisation is pleased to report a net operating surplus of $61,252. This result includes $262,218 in community grants and special projects which when adjusted shows an underlying operating surplus of $323,470.
In 2017 we announced the completion of Stage 1 of our transformation programme. The organisation now has $721,570 in liquid reserves to support our ongoing operations. It is with this knowledge that the organisation committed to a new programme of community grants and support, funded from both operational surpluses and corporate partnership programmes.
The underlying result of $323,470 exceeds our original budget for the season of $80,566, and reflects the organisation's strong focus on cost management and control.
We look forward to seeing you at the AGM on 27 October.
CEO Mardi Gras Arts